Global Circular Knitting Machine Market Growth 2023-2029
Circular knitting machines is a machine by which tubular and seamless fabrics are produced using knitting with circular needles and shaping the fabric by varying the tension or length of the knitting stitches is called circular knitting machine. It is a technique of knitting in circular or tubular form with curved or straight needles for making knitting stitches. There are several types of circular knitting machines which produce long lengths of tubular fabric and quite often they are manufactured. This machine is used for single plain cloth, elastic cloth etc. being used for vest, t-shirt, sport wear, and swimming suit.
LPI (LP Information)' newest research report, the “Circular Knitting Machine Industry Forecast” looks at past sales and reviews total world Circular Knitting Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Circular Knitting Machine sales for 2023 through 2029. With Circular Knitting Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Circular Knitting Machine industry.
This Insight Report provides a comprehensive analysis of the global Circular Knitting Machine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Circular Knitting Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Circular Knitting Machine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Circular Knitting Machine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Circular Knitting Machine.
The global Circular Knitting Machine market size is projected to grow from US$ 646 million in 2022 to US$ 817.7 million in 2029; it is expected to grow at a CAGR of 817.7 from 2023 to 2029.
Global Circular Knitting Machine key players include Pailung, Mayer & Cie, Fukuhara, Wellknit, Santoni, etc. Global top five manufacturers hold a share about 50%. China is the largest market, with a share about 45%, followed by Europe, with a share about 30 percent. In terms of product, Single Jersey is the largest segment, with a share about 50%. And in terms of application, the largest application is Apparel, followed by Athletic, Industrial, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Circular Knitting Machine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Single Jersey
Double Jersey
Single Jersey Jacquard
Double Jersey Jacquard
Segmentation by application
Athletic
Apparel
Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Baiyuan Machine
Mayer & Cie
Terrot
Santoni
Fukuhara
Tayu
Keum Yong
Orizio
Hang Xing
Hengyi
Hongji
Taifan
Unitex
Wellmade
Jiunn Long
Pailung
Welltex
Fukuhama
Sanda
Santec
Lisky
Wellknit
Senher
Key Questions Addressed in this Report
What is the 10-year outlook for the global Circular Knitting Machine market?
What factors are driving Circular Knitting Machine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Circular Knitting Machine market opportunities vary by end market size?
How does Circular Knitting Machine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook